Upstairs/8 Franklin Street, Manuka ACT

For Sale

Food/Hospitality

Offers over $229,000

    This business has established itself as a cornerstone of the local premium bar/entertainment scene. In 2013-17 it was selected to feature in an ACT Government Visit Canberra tourism promotion and won several prestigious industry awards. Centrally located in Australia's capital, this business is popular with locals, tourists, and visiting professionals. It has established itself as one of Canberra's unique and most exciting entertainment destinations.

    Business Highlights

    Prime location in one of Canberra's most sought after commercial districts
    Major tourist destination and residential developments in progress nearby
    Consistent turnover, with income/profit to working owners $100K+
    Minimal staff needed (1-5 only)
    On-premises liquor licence for 78 guests (7am to 2am)
    Well-appointed with high quality fit-out (plant, equipment & fittings replacement value $190,000+)
    Easy to prepare, popular menu
    Comprehensive staff and management manuals
    Excellent systems in place provides ease of operation
    State-of-the-art online marketing systems
    Diverse & loyal clientele with 4.5k+ on direct email list & social media rated 4.5+
    Consistently voted in social and mainstream media as one of Canberra's best
    Potential for growth and additional revenue streams

    Having built up a successful business, the vendors are planning to leave the area to undertake their next project. The business is well established with experienced staff and comes complete with manuals which detail all systems and processes.

    New owner can walk straight in with nothing to spend and enjoy immediate revenue with bookings through 12 months+.

    Interested? Contact for more detailed information

    Price: $229,000+ plus stock at value

    + Canberra – Australia's best kept secret +

    Canberra is a safe, clean, and comfortable place to live, work and bring up a family. It has excellent schools and is home to Australia's No.1 ranked university. Canberra has the highest average disposable income per capita in Australia, and this business is located in the heart of Canberra's wealthiest and most educated districts.

    Phone enquiries - please quote property ID 18710